Platform-based subscription requirement: SM REIT units must be accepted via stock exchange platform with funds blocked. Subscriptions for SM REIT units must be accepted by the investment manager via the designated stock exchange platform with application monies blocked through the Application Supported by Blocked Amount mechanism; the investment manager must publish the platform web-link on the SM REIT website and the regulation prescribes a minimum subscription amount of ten lakhs rupees or as specified by the Board.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Platform-based subscription requirement: SM REIT units must be accepted via stock exchange platform with funds blocked.
Subscriptions for SM REIT units must be accepted by the investment manager via the designated stock exchange platform with application monies blocked through the Application Supported by Blocked Amount mechanism; the investment manager must publish the platform web-link on the SM REIT website and the regulation prescribes a minimum subscription amount of ten lakhs rupees or as specified by the Board.
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